Mitie Group Dividend
Dividend criteria checks 3/6
Mitie Group is a dividend paying company with a current yield of 3.4% that is well covered by earnings.
Key information
3.4%
Dividend yield
4.8%
Buyback Yield
| Total Shareholder Yield | 8.2% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0512 |
| Payout ratio | 41% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MITF.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: MITF.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mitie Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MITF.Y) | 3.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Commercial Services) | 1.1% |
| Analyst forecast (MITF.Y) (up to 3 years) | 4.4% |
Notable Dividend: MITF.Y's dividend (3.4%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: MITF.Y's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (4.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), MITF.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.2%), MITF.Y's dividend payments are well covered by cash flows.